Powerfleet (NASDAQ:AIOT - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $103.79 million for the quarter. Powerfleet has set its FY 2025 guidance at EPS.
Powerfleet (NASDAQ:AIOT - Get Free Report) last issued its earnings results on Monday, February 10th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.13). On average, analysts expect Powerfleet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Powerfleet Stock Up 0.4 %
Powerfleet stock traded up $0.03 during midday trading on Wednesday, reaching $5.88. The stock had a trading volume of 1,601,691 shares, compared to its average volume of 2,246,321. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.21 and a quick ratio of 1.02. The stock's 50-day simple moving average is $6.58 and its 200 day simple moving average is $6.00. Powerfleet has a twelve month low of $3.18 and a twelve month high of $8.71.
Analyst Upgrades and Downgrades
AIOT has been the subject of a number of research analyst reports. Northland Securities increased their target price on shares of Powerfleet from $10.00 to $11.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Lake Street Capital increased their price objective on shares of Powerfleet from $7.00 to $11.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. William Blair reissued an "outperform" rating on shares of Powerfleet in a research note on Thursday, November 21st. Finally, Barrington Research reiterated an "outperform" rating and issued a $15.00 price target on shares of Powerfleet in a report on Thursday, February 13th.
View Our Latest Analysis on Powerfleet
Powerfleet Company Profile
(
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PowerFleet, Inc engages in the provision of fleet management solutions for logistics, industrial, and vehicles. It offers wireless Internet of Things and machine to machine solutions for securing, controlling, tracking, and managing enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicle and truck fleets.
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